IT Dept asks people to file ITR for the 12 months 2022-23 on e-filing portal


By CNBCTV18.com ist (revealed)

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Examine your Type 26AS, AIS and different related paperwork earlier than submitting and positively word that the final date for submitting ITR for evaluation 12 months 2022-23 is July 31.

The Earnings Tax Division has requested folks to file their Earnings Tax Return (ITR) for the present evaluation 12 months 2022-23 on the e-filing portal.

“ITR submitting for the election 12 months 2022-23 is obtainable on the e-filing portal. Examine your Type 26AS, AIS and different related paperwork earlier than submission,” the IT division tweeted on June 22.

The final date to file ITR for evaluation 12 months 2022-23 is July 31.

The introduction of Taxpayer Info Abstract (TIS) and Annual Info Assertion (AIS) within the e-filing portal has made tax submitting simpler through the years.

The federal government’s new revenue tax portal, which was launched final 12 months as a part of its digitization drive, helps taxpayers instantly log in with Aadhaar and PAN particulars. Taxpayers can determine pending works, test standing of complaints and look at year-wise tax returns and tax deposits.

Earlier, these particulars have been out there beneath separate tabs however at the moment are organized beneath a single dashboard. Taxpayers even have the choice so as to add their Chartered Accountants who can view the main points and take obligatory motion on behalf of the taxpayer.

As instructed by the tax division, a taxpayer ought to scrutinize the paperwork earlier than submitting them. Most firms subject Type 16 by June. Earlier than submitting ITR, the taxpayer must merge Type 26AS with Type 16. In case of discrepancies, the paperwork should be corrected.

Whereas the IT division had notified the ITR varieties in April, consultants had suggested salaried people to not file their ITR for the 12 months 2022-23 earlier than Might 31. It’s because the due date for submitting TDS return is Might 31, 2022, with out which the Type 26AS of an revenue taxpayer can’t be up to date. A recruiter can not give Type 16A to his staff with out submitting the return. Therefore, incomes people have been requested to attend until Might 31 earlier than submitting their ITR.



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